- Property type: Condo / Apartment
- Offer type: For Rent
- City: Phnom Penh
- Neighborhood: Diamond Island , Tonle Bassac
- Original Property ID: KP.A4
- Bedrooms: 3
- Bathrooms: 4
- Property size: 242 m²
Features
- 24 Hour Security
- Air Conditioning
- Backup generator
- Balcony
- Close to Aeon 1
- Close to embassies
- Elevator
- Fire alarms
- Fitness Centre
- Fully furnished
- Large open plan spaces
- Maid service
- Natural light
- Near Independence Monument
- Near schools
- Off-street parking
- TV Cable
- Washing machine
- WiFi
Details
This luxury serviced 3-bedroom penthouse apartment in a French style building of 37 furnished units in Diamond Island, central Phnom Penh is now available for rent.
Over the Mekong River, each unit has a western style kitchen, elegant living room and large windows to capture the spirit of the place.
There are many many cafes, restaurants, bars, supermarkets and malls including AEON 1 nearby.
A short distance away are many famous landmarks such as the Royal Palace, Riverside, Independence Monument.
Being congestion free, access to and from the city centre is quick.
All tenants can use the many in-house amenities like fitness centre, steam, sauna, cable TV, Wi-Fi and Housekeeping.
Luxury apartment features:
- Close to Canadian School and shopping precinct
- 3 double bedrooms / 4 bathrooms / 1 maid room + bathroom
- Separate kitchen and ante-room
- Secure parking space
- 24-hour security / CCTV cameras
- Fire hoses on each floor / fire bottles in each apartment
- Smoke and heat detectors / alarms
- 2 fire escapes
- Housekeeping service
- High Speed internet
- Backup generator
- Fitness / yoga centre
- Steam / Sauna
Original ID: KP.A4
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Tonle Bassac:
An inner-city area located on the west side of the Tonle Bassac River.
It covers around 3sqm defined by Sihanouk Blvd, Norodom Blvd and National Road 1. It is known for its many alleys branching off the larger streets full of bars and restaurants away from the busy city centre.
The area is also home to many government buildings and gated communities so you will notice an increased security presence (private, police and national security).
Diamond Island:
Diamond Island is a recent addition to the Phnom Penh skyline from Koh (Island) and Pich (Diamond).
It is a man-made island circa 2000 on the Bassac River. Before then, the area was home to a few fishing families.
In 2006 the island was sold to the OCIC for development
Koh Pich is now a hot spot for real estate investments and mostly inhabited by Chinese. There is little doubt this 75 hectare island will be exclusively for the rich. In “Elite Town” houses cost up to $1M.
Opposite, the “Elysées project” a huge project of $150 million dollars is a replica Haussmann building and L’Arc de Triomphe.
Bassac Lane:
Amid widespread devastation of the hospitality industry by COVID, one area in Phnom Penh seems to be defying the odds.
It includes bustling Bassac Lane, St 308 and St 21 where you will find cozy, high end bars and restaurants surrounded by new condos and other night venues.
The neighborhood is made up of groovy little streets with cool bars and eateries almost hidden away. It is the fun area with a distinct western vibe with bars in a different theme or style to suit.
COVID-19 slowed business here but it bounced back and now the night air is filled with music as people return to their old habits. Bassac Lane is now so full of bars and hole-in-the-wall venues, that new venues are spilling into Street 308 and Street 21.
Because land prices here are 10-20% less than BKK 1, prices are cheaper all round. Prices of food and beverages are comparatively cheap. You can find a bar selling cocktails at $3, draught beer at $1 and meals from $5.
Amidst the general activity, there is a sense of optimism despite the tight border controls keeping tourist numbers down.
So instead of going to the usual haunts on Street 136 and Pub Street that have obviously been hard hit by the pandemic, check out Bassac Lane where the night lights are a little bit brighter.
Phnom Penh real estate made easy
Phnom Penh real estate, especially the rental market, is not easy to navigate around as there’s a lot on offer and prices vary depending on where, when and what you are looking for.
The city offers a range of properties, so it is important you know what is available.
Covid made things difficult for everyone and all over Phnom Penh, people started negotiating heavily.
Although there is some residual goodwill, much has gone and prices are now close to pre-pandemic levels.
Don’t expect real estate miracles any more!
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